Is this stage an ox-tail market?

It can be seen that after Bitcoin rose rapidly from the front and broke through new highs, it took small steps, with a quick decline in the middle, and then a quick rebound. Now there is another wave of rapid kills. Breaking through a new high not only does not accelerate, but the upward momentum decreases. It is like a train moving forward at a fast speed. It brakes little by little. When the speed slows down, does it have to turn around?

In the previous stage, the market FOMO was serious, there was a large shortage of USDT in the market, the lending rates of major CEX platforms soared, and the effect of retail investors making money was obvious.

At this stage, I think there is distribution behavior by the main force. If we observe the subsequent trend and cannot recover the decline and continue to rise, then something big will happen.

Retail investors should be cautious, hold on to the money they have earned, and avoid repeated operations. If you need to short-sell, you can choose altcoins, ordi trb.

It is already dangerous to go long and it is not recommended to go long.

Personally, I still feel that the market has almost reached its end at this point. #BTC #ordi #trb $ORDI $TRB